Total Helium Ltd (TOH) — Working Capital to Net Assets Ratio
Total Helium Ltd (TOH) has a Working Capital to Net Assets ratio of 131.2% as of December 2024. Working capital of CA$-1.83 Million (current assets of CA$138.00K minus current liabilities of CA$1.96 Million) is measured against net assets of CA$-1.39 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See defensive interval ratio of Total Helium Ltd to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Total Helium Ltd Working Capital to Net Assets (2020–2024)
This chart shows how Total Helium Ltd's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2020 to 2024. As of December 2024, the ratio stands at 131.2%, reflecting working capital of CA$-1.83 Million against net assets of CA$-1.39 Million CAD. For the complete balance sheet picture, see total assets of Total Helium Ltd.
Annual Working Capital to Net Assets for Total Helium Ltd (2020–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Total Helium Ltd from 2020 to 2024, covering 5 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Explore TOH long-term investments to assets to see how much of total assets are deployed in long-term investments.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -9.7% | CA$-1.40 Million | CA$14.35 Million | CA$168.00K | CA$1.56 Million | ▼ -101.4 pp |
| 2023 | 91.7% | CA$2.69 Million | CA$2.93 Million | CA$2.88 Million | CA$199.00K | ▲ +38.4 pp |
| 2022 | 53.3% | CA$6.52 Million | CA$12.24 Million | CA$7.05 Million | CA$528.00K | ▼ -46.7 pp |
| 2021 | 100.0% | CA$-507.85K | CA$-507.85K | CA$2.27K | CA$510.12K | ▲ +0.0 pp |
| 2020 | 100.0% | CA$-749.32K | CA$-749.32K | CA$0.00 | CA$749.32K | — |